The British Business Bank says the Coronavirus loan schemes are benefiting businesses in all corners of the UK. According to a note distributed by the Bank, loans are tracking the business population of each region. The loans are being provided by both traditional financial services… Read More
The British Business Bank has announced six newly approved lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), three new lenders for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and two new lenders for accreditation to the Bounce Back Loan… Read More
The British Business Bank has distributed data on the Future Fund indicating £236.2 million worth of convertible loans have been approved for 252 companies. Launched on May 20, 2020, the Future Fund is a government plan designed to aid entrepreneurial young firms that did not… Read More
The British Business Bank has announced the approval of four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). The new lenders include; The FSE Group, FW Capital, Mercia Asset Management and Whiterock Finance. The Bank said these lenders will be able… Read More
The British Business Bank has announced new lenders approved for the Bounce Bank Loan Scheme (BBLS) as well as the Coronavirus Business Interruption Loan Scheme (CBILS). The BBLS and CBILS are two programs designed to support the UK economy during the COVID-19 pandemic. Two new… Read More
The British Business Bank has announced nine new lenders for accredited under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60, according to a release. The new lenders include: Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social… Read More
The British Business Bank has announced multiple new lenders added to the Coronavirus Business Interruption Loan Scheme (CBILS). Today, the British Business Bank has revealed the approval of the Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank and IGF. These four lenders will join… Read More
The British Business Bank has announced new lenders participating in the Coronavirus Business Interruption Loan Scheme (CBILS) including several digital banks. Established in 2014, the British Business Bank is the UK government’s economic development bank. The Bank’s mission is to make finance markets for smaller… Read More
The British Business Bank launched a new report “Spotlight: The Northern Powerhouse Investment Fund” at the MADE Festival in Sheffield. The report, published to mark the British Business Bank’s two-year anniversary, draws on the Bank’s own research together with other publicly-available data, highlighting the significant opportunities… Read More
As part of the ongoing policy initiative to keep the UK economy chugging along, Margo James, the Small Business Minister, announced the creation of a the British Business Bank’s 21st Enterprise Capital Fund, to be run by Active PE. The fund is aimed at helping… Read More
UK government-owned economic development bank reports strong results. The British Business Bank today published its annual report and accounts for 2015/16, highlighting the growth and momentum of the organisation just 17 months on from its inception in November 2014. The report summarizes the Bank’s work through… Read More
British Business Bank Investments Ltd., the commercial arm of the British Business Bank, announced on Wednesday the first facility under its new expansion capital initiative. According to British Business Bank Investments, the first transaction is a £16.5 million revolving credit facility for Kingsway, a Cheshire-based asset finance specialist…. Read More
British Business Bank Investments Ltd., the commercial arm of the British Business Bank, announced that it has appointed Catherine Lewis La Torres as its new CEO. Lewis La Torre joins the company from Cardano and has over thirty years’ experience in the private equity industry focused on investing in the… Read More
Access to capital is imperative for SME growth. Small companies need debt and equity finance to hire employees and pursue strategies to expand operations. A vibrant equity ecosystem is imperative for early stage companies as typically it is more challenging to access debt finance. In… Read More
The British Prime Minister announced the “Help to Grow” program in February 2015. In the most recent budget statement, the Chancellor boosted the commitment from £100 million to £200 million. Today the program, managed by the British Business Bank, is announcing Lloyd’s Banking Group for… Read More
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